79 Twin Shores BOULEVARD, Longboat Key, FL, 34228 | $139,000

Welcome to this charming 2-bedroom, 1-bath mobile home located in the desirable Twin Shores Beach & Marina community. This property is being offered far below its taxable land value of $170, 000 due to the need for a complete remodel. While the home requires significant work it presents an excellent opportunity for those looking to create a personalized beach retreat in the beautiful barrier island of Long boat Key. The unit can be demolished and replaced with a new modular home elevated to 9ft. Either way this property comes with a pre-paid transferable FEMA National Flood Insurance policy with two years remaining (with only a $200 deductible). And the monthly HOA dues are extremely affordable with just under $250/month. The Twin Shores Beach & Marina is known for its friendly atmosphere and offers a variety of amenities, including access to its own private beach, a community clubhouse for social events, recreational facilities such as a swimming pool and a marina where boat slips can be rented for under $1, 000/year. Longboat Key is celebrated for its stunning beaches and relaxed lifestyle, providing residents with ample opportunities for outdoor activities like kayaking, paddle boarding, boating, and fishing in the Gulf of Mexico or the Sarasota Bay. Enjoy a selection of waterfront dining options featuring fresh seafood, as well as unique boutiques and shops nearby. With beautiful parks and nature trails for hiking, biking, and bird watching, this property is a fantastic investment opportunity in a prime location. Don’t miss your chance to be part of the vibrant Longboat Key lifestyle

Features

  • Amenities: Clubhouse, Pool
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Laundry: Laundry Closet
  • Year Built: 1965
  • Heating: Wall Units / Window Unit
  • Cooling: Wall/Window Unit(s)
  • Approx Sq. Feet: 608
  • Acreage: 0.02
  • Est. Taxes: $1,353
  • HOA Fee: $730 Quarterly
  • Adult Communities: Yes
  • Pet Policy: No
  • Appliances: None
  • MLS#: A4627954
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4627954/79twinshoresboulevard_longboatkey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/4/2024 3:26:53 AM)
Listing courtesy of BEYOND REALTY LLC   Phone: 941-467-4673

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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79 Twin Shores BOULEVARD, Longboat Key, FL, 34228

$139,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $111,200 $111,200 $111,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.300% 6.802% 5.990%
Monthly Tax Payment $113 $113 $113
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $721 $712 $923
Total Monthly Payment $909 $900 $1,111

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.